Northern Dynasty Minerals (NASDAQ:NAK) Given “Buy” Rating at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Northern Dynasty Minerals (NASDAQ:NAK) in a report issued on Tuesday,Benzinga reports. The brokerage currently has a $2.50 price target on the stock.

Northern Dynasty Minerals Stock Up 24.5%

Shares of Northern Dynasty Minerals stock opened at $1.88 on Tuesday. Northern Dynasty Minerals has a 1-year low of $0.30 and a 1-year high of $2.40. The company has a market cap of $1.04 billion, a PE ratio of -17.09 and a beta of -0.60.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, 17 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage.